12 CFR 363.6
§ 363.6 Discretion to exempt certain insured depository institutions from this part.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 363.6, § 363.6 Discretion to exempt certain insured depository institutions from this part, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47053
- Permanent ID
ys:prov:47053@1- SHA-256
c0209326907301b0d9e4be91363a4d780cef45f3d5356c798578d554d632ee8c
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
If an insured depository institution likely will no longer be subject to a requirement of this part as a result of the application of a threshold adjusted in accordance with § 314.1 of this chapter that is scheduled to occur during the insured depository institution's current fiscal year, the appropriate Federal banking agency with respect to the insured depository institution may exercise discretion to not require compliance from the insured depository institution with respect to such requirement as of the beginning of the insured depository institution's current fiscal year. If the insured depository institution's total assets exceed such a threshold subsequent to the threshold adjustment occurring, the insured depository institution would be required to comply with the relevant requirement notwithstanding this section, unless the appropriate Federal banking agency again drew the same conclusion with respect to a future threshold adjustment.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.